Section 404 of the Sarbanes-Oxley Act Includes Which of the Following

question 46

Multiple Choice

Section 404 of the Sarbanes-Oxley Act includes which of the following?

• A)A requirement that management of a publicly traded company issues an assessment of internal control that covers the entire year.
• B)Specific guidance on what constitutes adequate internal control.
• C)A requirement that management of a publicly traded company accepts responsibility for establishing and maintaining adequate internal controls.
• D)A requirement that management of a publicly traded company issues an assessment regarding the efficiency of internal control for the year.

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Definitions:

Initiating Conversation

The act of starting a dialogue or interaction with one or more individuals, often involving a greeting, question, or comment to engage others.

Group Presentation

A coordinated effort by multiple individuals to prepare and deliver a presentation on a specific topic to an audience.

Overconfident

Having an unjustifiably high opinion of one's abilities, knowledge, or chances of success.

Interpersonal Conflict

When two or more people disagree.